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“THE LOUNGE” LUXURY FINE DINING CINEMA CONFIRMED FOR ISLINGTON SQUARE

9 February 2016

Sager and ODEON are pleased to announce the opening of a new 22,000 sq ft six-screen luxury
fine dining cinema at Islington Square in late 2017.

The Lounge by ODEON will become the second cinema in Europe to offer such exclusive atseat
waiter service serving gourmet three-course meals, fine wine and cocktails freshly
prepared by professional chefs and bar hosts. The first, The Lounge at ODEON in Whiteleys,
Bayswater was opened in 2012 and has become an icon among Europe’s most famous
cinemas.

Developed by Sager Group in association with Cain Hoy, Islington Square is designed by the
award winning architect Piers Gough of CZWG Architects and consists of the transformation
of the former North London Mail Centre, nestled just behind Islington’s Upper Street into a
new destination for London. Once complete, Islington Square will form a £400 million 4.5 acre
Covent Garden style centre, providing 263 new homes, 108 serviced apartments, 170,000
square feet of retail and leisure facilities.

The Lounge at Islington Square will offer guests fine food, cocktails and film in a luxurious
cinema setting, bringing the highest level of opulence to the viewing experience. The brand
new cinema will bring an intimate experience with six boutique screening rooms each with no
more than 40 reclining leather seats, with fine food and drink bought to the guests in their
seats at a touch of a button. Each custom-made seat will offer double the leg room of normal
cinema seats and will be fully reclinable at the touch of a button.

The Lounge is a unique deluxe experience, with guests invited to enjoy a drink in the bar area
before being shown through to their seats. The professional catering and hospitality team at
The Lounge offer an exclusive fine dining menu - freshly cooked by chefs in a purpose built
kitchen and delivered directly to each guest’s seat by waiters during the film. All food is
expertly designed to be both mouth-watering and easy to eat with just a fork, spoon or fingers
– including fresh battered fish and chips, gourmet hot dogs, delicious dim sum, freshly popped
Sager House (Almeida) Limited -
Reg Office: 50 Seymour St, London W1H 7JG. Reg No.: 4177350
www.islingtonsquare.com
popcorn and ice cream soda. There is also an exciting drinks menu ranging from cocktails, fine
wines and champagnes to beers, spirits, tea, coffee and soft drinks.

The fitting out of the new cinema at Islington Square will begin in early 2017, with the
cinema opening its doors in late 2017.

ODEON was founded in 1928, since it has become a household name famed for its iconic
cinemas and for showcasing the very best blockbuster films. There are now over 120 ODEON
cinemas in the UK. In January 2016, ODEON was ranked as the UK and Ireland’s number one
cinema chain for gross box office revenue by industry analysts Rentrak.

Duncan Reynolds, Managing Director of ODEON UK & Ireland commented: “The Lounge at
Islington Square will provide the most innovative and luxurious experience available in cinema
today, in one of London’s most sought after locations. This is a luxurious way of enjoying
exciting new films with friends and family, and is the perfect way to make a visit to the cinema
extra special, offering all our guests the opportunity to relax and enjoy fine food and drinks in
an exclusive environment.

“We have been thrilled with the success of the first Lounge at Whiteleys – and are using what
we’ve learned there to create an even more innovative high quality experience at the new
Lounge at Islington Square.”

Sager Group CEO Giris Rabinovitch commented: “The Lounge by ODEON is another great
anchor tenant for Islington Square and is confirmation that our scheme will bring the very
best to the local area and our future residents. The Lounge by ODEON will be the second of
its kind, which is a testament to our scheme. Tenants like ODEON are attracted by the vision
we’ve set out for Islington Square and the quality of our offering; this is why over a third of
retail/leisure space has now been reserved.”

Islington Square will provide residents with outstanding lifestyle facilities. There will be
175,852 sqft of retail/commercial facilities including shops, cafes, restaurants, the new
ODEON cinema and a Third Space health club.

With 85 years of cinema experience, ODEON® & UCI Cinemas is a leading international
cinema operator in Europe. It operates 2221 screens at 240 sites across Europe as a whole, including 120 sites across
the UK and Ireland.

About Sager Group

Sager Group was founded in 1995 by HLH Sheikh Sagir Bin Mohammed Bin Sagir Al
Qassime and Giris Rabinovitch.
The Group’s core activity is in Property Development and Construction.
Their expertise lies in site procurement, asset enhancement through design, planning
gain, construction, project management and sales.

About Cain Hoy Enterprises

Cain Hoy Enterprises is a private investment company financed with permanent capital
that owns a diversified portfolio of real estate investments.
Cain Hoy won Financier of the Year at the Property Week Property Awards 2015.
Further information is available at www.cainhoyenterprises.com